Press Releases

Visa Checkout adds new merchants and markets as part of rapid
expansion;

Samsung Pay agrees to integrate with Visa Checkout’s Open Platform

SAN FRANCISCO--(BUSINESS WIRE)--Apr. 6, 2017--
Visa Inc. (NYSE:V), today announced that Visa
Checkout, the easier way to use a Visa card online, is sustaining
tremendous growth, reaching more than 20 million enrolled accounts. Visa
Checkout enables millions of consumers to pay in just a few clicks on
any device around the web with some of the world’s top merchants.

As consumer adoption of Visa Checkout grows, so too does interest among
brand name merchants in joining the platform. Among the merchants who
have recently adopted Visa Checkout to improve their online shopping
experience in order to increase conversion rates with additional
customers include HSN, Alaska Airlines, Avis Budget, Cole Haan, Emirates
Airline, FIFA, Marriott, Sam’s Club and Walmart. These new merchants
join a growing list of 300,000 merchants, including Best Buy, Starbucks,
Papa John’s and StubHub, among others.

“At HSN, we are focused on developing innovative solutions that result
in an unparalleled shopping experience,” said Ryan Ross, EVP of
Marketing, Digital Commerce and Creative for HSN. “The Visa Checkout
integration helped to attract new customers and drive incremental sales
across all our platforms as we continue to lead the future of
Boundaryless Retail at HSN.”

Continued Expansion of Visa Checkout Around the World

In addition to reaching 20 million enrolled consumers, Visa Checkout is
announcing it will continue to expand to new markets in 2017 with
planned expansion to Kuwait, Qatar, Saudi Arabia and Ukraine. They join
Argentina, Australia, Brazil, Canada, Chile, China1,
Colombia, France, Hong Kong, India, Ireland, Malaysia, Mexico, New
Zealand, Peru, Poland, Singapore, Spain, South Africa, United Arab
Emirates, United Kingdom and the United States (and territories) as
markets that will or currently offer Visa Checkout.

Given the growing rate of eCommerce and mCommerce, merchants and
consumers are looking for ways to further simplify the checkout
experience. Last week, Visa and Samsung announced a joint
partnership that will allow Samsung Pay users in the U.S. who link
their Samsung Pay account with a Visa Checkout account to shop
seamlessly at the more than 300,000 merchants that accept Visa Checkout.

This partnership is made possible through Visa Checkout’s open platform
and streamlined set of APIs, allowing both consumers and merchants to
experience the benefits. Consumers with fingerprint
authentication-enabled Samsung devices will be able to click the Visa
Checkout/Samsung Pay co-branded button and touch the fingerprint sensor,
without entering their username and password. Merchants can continue to
use their existing Visa Checkout integration and get the benefit of this
partnership.

“We are very excited to be working with Visa to offer simple, fast and
secure checkout experiences to millions of Samsung Pay users on their
mobile devices or desktop,” said Injong Rhee, CTO of the Mobile
Communications Business at Samsung Electronics. ”Our partnership
benefits not only Samsung Pay users but also hundreds of thousands of
online merchants who are looking for effective ways to increase their
checkout conversion rates.”

The rapidly expanding list of merchants continue to make it easier for
consumers to buy online, on any device, using Visa Checkout. For a list
of some of the participating merchants, and to learn more about Visa
Checkout’s benefits for merchants, issuers and consumers alike, visit www.visacheckout.com.

About Visa

Visa Inc. (NYSE:V) is a global payments technology company that connects
consumers, businesses, financial institutions, and governments in more
than 200 countries and territories to fast, secure and reliable
electronic payments. We operate one of the world’s most advanced
processing networks — VisaNet — that is capable of handling more than
65,000 transaction messages a second, with fraud protection for
consumers and assured payment for merchants. Visa is not a bank and does
not issue cards, extend credit or set rates and fees for consumers.
Visa’s innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, pay ahead with
prepaid or pay later with credit products. For more information, visit https://usa.visa.com/
and @VisaNews.